UAE banks have built substantial capital buffers and improved provisioning practices, which have strengthened balance sheets following the pandemic and previous economic cyclesThe UAE’s banking and real estate sectors are expected to remain pillars of economic resilience despite geopolitical tensions in the Middle East, supported by strong liquidity, solid loan growth and sustained demand across key...
Billionaire Elon Musk, Telegram owner Pavel Durov, Al Habtoor Group chairman Khalaf Al Habtoor, and many other public figures around the world express trust and confidence in Dubai and the UAE Billionaires and top UAE businessmen expressed confidence on the UAE’s ability to overcome challenges and bounce back even stronger. The comments came from US billionaire Elon Musk, Telegram owner Pavel...
The acquisition raises Tecom Group’s total investments to Dh4.3 billion since last year, addressing strong demand for commercial and industrial assets Established in 2004, Dubai Industrial City part of Tecom Group, is the region’s leading manufacturing and logistics hub. The Board of Directors of Tecom Group has approved an Dh1.6 billion investment to acquire 138 land plots spanning 33 million...
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